DST International (DSTi) - the leader in business solutions for the investment management industry - announces that Daiwa SB Investments (HK) Ltd - the Hong Kong subsidiary of one of Japan`s leading asset management firms - has selected HiPortfolio/3, HiCompliance and HiOrders for its investment management operations.
The solution will re-engineer its `end-to-end` fund management processes, providing an automated consistent and reconciled source of data for fund managers and financial accounting. Daiwa`s back office in Hong Kong supports its Hong Kong and Singapore asset management operations.
Kiyotaka Hoshino, Daiwa`s managing director and head of Asia, said: "Automating the data entry and compliance checking will make a significant difference to us. Not only will it save our employees a substantial amount of time, but it will also eliminate the possibility of errors that can occur as a result of manual data input. HiPortfolio/3 will update our administration, ensuring that we can easily add functions as and when we need them."
Rhonda Lepsch, DSTi`s CEO, Asia, said: "Daiwa have been a customer of DSTi`s for many years and we are thrilled that they have made the decision to upgrade to the latest technology from DSTi. HiPortfolio/3 is a market leader throughout the world and we are delighted to see its technology embraced by Hong Kong`s leading financial institutions."
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With 17 offices and over 1 300 professionals to support its growing client base, DST International provides a unique and comprehensive range of investment management and work management software solutions and related services to 600 clients in 55 countries.
http://www.dstinternational.com.
DST Systems, Inc
Our parent company, DST Systems, provides sophisticated information processing and computer software services and products that help clients improve productivity, increase efficiencies, and provide higher levels of customer service. DST is organised domestically and internationally into three operating segments: Financial Services, Customer Management, and Output Solutions.
DST operates one of the most advanced data centres in the world, which provides information-processing services to support the products within each operating segment. These products are further enhanced through the integration of DST`s advanced technology and e-commerce solutions.
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